SJLD vs. SCHJ

Last updated Aug 4, 2026

SJLD (SanJac Alpha Low Duration ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both Short-Term Bond funds. SJLD is actively managed, while SCHJ is passively managed. Over the past year, SJLD returned 3.89% vs 3.10% for SCHJ. Their 0.36 correlation means their historical movements had little consistent relationship. SJLD charges 0.35%/yr vs 0.03%/yr for SCHJ.

Performance

SJLD vs. SCHJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SanJac Alpha Low Duration ETF (SJLD) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SJLD achieves a 2.30% return, which is significantly higher than SCHJ's 0.85% return.

SJLD

• 1D: 0.02%
• 1M: 0.44%
• 6M: 1.90%
• YTD: 2.30%
• 1Y: 3.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.45%

SCHJ

• 1D: 0.10%
• 1M: -0.18%
• 6M: 0.56%
• YTD: 0.85%
• 1Y: 3.10%
• 3Y*: 5.41%
• 5Y*: 2.32%
• 10Y*: —
• ALL TIME*: 2.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SCHJ Schwab 1-5 Year Corporate Bond ETF	$5.83M	$7.78M	$6.51M
SJLD SanJac Alpha Low Duration ETF	$848.79	$1.08K	$3.18K

SJLD vs. SCHJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SJLD SanJac Alpha Low Duration ETF	2.30%	5.20%	0.91%
SCHJ Schwab 1-5 Year Corporate Bond ETF	0.85%	6.80%	-0.26%

Correlation

The correlation between SJLD and SCHJ is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024	0.36

Return for Risk

SJLD vs. SCHJ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SJLD

SJLD Risk / Return Rank: 92
SJLD Sharpe Ratio Rank: 91
SJLD Sortino Ratio Rank: 93
SJLD Omega Ratio Rank: 95
SJLD Calmar Ratio Rank: 87
SJLD Martin Ratio Rank: 93

SCHJ

SCHJ Risk / Return Rank: 68
SCHJ Sharpe Ratio Rank: 71
SCHJ Sortino Ratio Rank: 73
SCHJ Omega Ratio Rank: 72
SCHJ Calmar Ratio Rank: 58
SCHJ Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SJLD vs. SCHJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SanJac Alpha Low Duration ETF (SJLD) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SJLD	SCHJ	Difference
Sharpe ratio: Return per unit of total volatility	2.44	1.68	+0.76
Sortino ratio: Return per unit of downside risk	3.73	2.43	+1.30
Omega ratio: Gain probability vs. loss probability	1.57	1.31	+0.26
Calmar ratio: Return relative to maximum drawdown	3.74	2.11	+1.63
Martin ratio: Return relative to average drawdown	18.11	7.94	+10.17

SJLD vs. SCHJ - Sharpe Ratio Comparison

The current SJLD Sharpe Ratio is 2.44, which is higher than the SCHJ Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of SJLD and SCHJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SJLD vs. SCHJ - Drawdown Comparison

The maximum SJLD drawdown since its inception was -1.04%, smaller than the maximum SCHJ drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for SJLD and SCHJ.

Drawdown Indicators

	SJLD	SCHJ	Difference
Max Drawdown Largest peak-to-trough decline	-1.04%	-13.62%	+12.58%
Max Drawdown (1Y) Largest decline over 1 year	-1.04%	-1.47%	+0.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.35%	—
Current Drawdown Current decline from peak	0.00%	-0.22%	+0.22%
Average Drawdown Average peak-to-trough decline	-0.11%	-1.84%	+1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.39%	-0.17%

Volatility

SJLD vs. SCHJ - Volatility Comparison

The current volatility for SanJac Alpha Low Duration ETF (SJLD) is 0.28%, while Schwab 1-5 Year Corporate Bond ETF (SCHJ) has a volatility of 0.51%. This indicates that SJLD experiences smaller price fluctuations and is considered to be less risky than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJLD	SCHJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.28%	0.51%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	1.15%	1.53%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	1.60%	1.86%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.88%	2.96%	-1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.88%	4.10%	-2.22%

SJLD vs. SCHJ - Expense Ratio Comparison

SJLD has a 0.35% expense ratio, which is higher than SCHJ's 0.03% expense ratio.

Dividends

SJLD vs. SCHJ - Dividend Comparison

SJLD's dividend yield for the trailing twelve months is around 4.40%, less than SCHJ's 4.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SCHJ Schwab 1-5 Year Corporate Bond ETF	4.53%	4.42%	4.00%	2.98%	1.64%	0.94%	2.54%	0.42%
SJLD SanJac Alpha Low Duration ETF	4.40%	3.74%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SJLD and SCHJ in my portfolio?

SJLD and SCHJ have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SJLD or SCHJ?

SCHJ has higher volatility (0.51%) compared to SJLD (0.28%). In terms of maximum drawdown, SJLD dropped -1.04% vs SCHJ's -13.62%.

Which ETF is better, SJLD or SCHJ?

On 1-year performance, SJLD leads with 3.89% vs 3.10% for SCHJ. On fees, SCHJ is cheaper at 0.03% per year. On volatility, SJLD has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SJLD or SCHJ?

Over the 1-year period, SJLD has performed better with a 3.89% return vs 3.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SJLD or SCHJ?

SCHJ is cheaper with a 0.03% expense ratio, compared with 0.35% for SJLD.

Which ETF pays a higher dividend yield, SJLD or SCHJ?

SCHJ has the higher dividend yield at 4.53%, compared with 4.40% for SJLD.

What is the main difference between SJLD and SCHJ?

They also come from different issuers: SanJac Alpha and Charles Schwab. Their fees differ too: 0.35% for SJLD and 0.03% for SCHJ.

Which has better risk-adjusted returns?

SJLD currently has the higher Sharpe Ratio (2.44 vs 1.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.